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3 years ago

The pricing function is an integral part of the companies :

Business

1 answer:

ozzi3 years ago

8 0

Answer:

Yes

Explanation:

Pricing plays an essential role for a product and organisation. At a very basic level, an organisation exists to make profit. A price must cover the cost of a good sold.

Pricing also plays a role in the perception of a product (marketing mix). For example, an Apple product is not cheap because of some perceived value of the product.

Another reason why pricing is integral is in times of competition, it may be worthwhile to use price to take market share from competitors.

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Mark produced 9 cans of sauce with 3 pounds of tomatoes. When he increased to 5 pounds, he produced 13 cans. What is the margina

MakcuM [25]

Answer:

Marginal Product is 2

Explanation:

Marginal Product (MP) is defined as the ration of change in quantity of output produced to the change in quantity of input raw material

Change in quantity of input raw material $= 5 -3 = 2$

Change in quantity of output of products = 13 - 9 = 4

Marginal Product (MP) $= \frac{4}{2} = 2$

Marginal Product is 2

8 0

3 years ago

Currently, Cathy's Shirt Shop sells 498 units a month at an average price of $98 a unit. The company thiks it can increase sales

Katena32 [7]

Answer:

$6,020

Explanation:

Calculation for the incremental cash inflow

Using this formula

Incremental cash flow=(Average price per units-Variable cost per unit)*Additional units

Let plug in the formula

Incremental cash flow = ($98 - $55)*140 units

Incremental cash flow=$43*140 units

Incremental cash flow= $6,020

Therefore the incremental cash inflow will be $6,020

4 0

3 years ago

Which is most often a cause for a change in career or lifestyle? A adjustments in vacation B adjustments in life roles C career

Misha Larkins [42]

Answer:

I would say B

Explanation:

5 0

3 years ago

Luthan Company uses a plantwide predetermined overhead rate of $23.20 per direct labor-hour. This predetermined rate was based o

Phantasy [73]

Answer:

Manufacturing overhead cost applied= $280,720

Explanation:

Giving the following information:

Plantwide predetermined overhead rate of $23.20 per direct labor-hour.

Estimated $278,400 of total manufacturing overhead cost.

Estimated activity level of 12,000 direct labor-hours.

The company incurred actual total manufacturing overhead costs of $269,000 and 12,100 total direct labor-hours during the period.

Manufacturing overhead cost applied= actual direct labor hours* predetermined overhead rate

Manufacturing overhead cost applied= 12100* 23.20= $280,720

6 0

3 years ago

Which of the following statements about Gen Xers is TRUE? A) Gen Xers are often willing to change brands. B) Gen Xers are select

DerKrebs [107]

Answer: d. Gen Xers prize self-sufficiency and are pragmatic.

Explanation:

Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.

5 0

3 years ago